Maximizing Opportunities by Mitigating Risks

Overview: The use of PINs in financial services has been around for decades. Over this time, the payments industry has evolved quite dramatically, but in some respects, not much has changed. This is particularly true for PIN issuance, where the same paper-based processes used decades ago are still the standard. This paper examines the current options for PIN issuance, and it offers insights for implementing PIN issuance processes that offer the best combination of convenience, cost efficiency, and security.